In many cases, the end of the year gives you time to step back and take stock of the last 12 months. This is when many of us take a hard look at what worked and what did not, complete performance reviews, and formulate plans for the coming year. For me, it is all of those things plus a time when I u...

TORONTO, Dec. 27, 2012 /PRNewswire/ - Mood Media Corporation (ISIN:
CA61534J1057) (TSX:MM / LSE AIM:MM) ("Mood Media" or the "Company"),
announced today that it has acquired the assets of Technomedia
Solutions and sister company, GoConvergence, for approximately US$23
million in cash plus contingent consideration payable in 2014, which is
based on the profitable growth of the operations.

Technomedia Solutions and GoConvergence are premier providers of the
world's most advanced media and technology innovations for multiple
industries, including retail, hospitality, theme parks, performing
arts, museums, special venue, education and others. Formed in 2001,
Technomedia brings a total turn-key model to create compelling consumer
destinations for a diverse range of customers, which include
Abercrombie & Fitch, Hard Rock Café International, Cirque du Soleil,
Wanda Group as well as leading entertainment and education clients
globally. In 2012, Technomedia is expected to generate annual revenues
of US$43 million and EBITDA of US$5.7 million.

"Technomedia's leadership in the entertainment, education and consumer
experience categories worldwide will not only be a core focus of our
collective growth and development plan, they are a great fit with our
assets and strategy of transforming the point-of-sale environment using
cutting-edge media and technology solutions," stated Lorne Abony,
Chairman and CEO of Mood Media. "We see substantial opportunity to
leverage the strengths of our combined businesses to build a truly
first class consumer-experience powerhouse."

"The transaction will be immediately accretive to Mood Media's
shareholders while accelerating the growth profile and competitive
positioning of the combined businesses. We are excited about the
opportunity ahead and look forward to utilizing our combined strengths
to build on what Technomedia has established in concert with Mood's
initiatives to help our customers achieve their goals."

About Mood Media Corporation

Mood Media Corporation (TSX:MM / LSE AIM:MM), is one of the world's
largest designers of in-store consumer experiences, including audio,
visual, interactive, scent, voice and advertising solutions. Mood
Media's solutions reach over 150 million consumers each day through
560,000 subscriber locations in over 40 countries throughout North
America, Europe, Asia and Australia.

Mood Media Corporation's client base includes more than 850 U.S. and
international brands in diverse market sectors that include: retail,
from fashion to financial services; hospitality, from hotels to health
spas; and food retail, including restaurants, bars, quick-serve and
fast casual dining. Our marketing platforms include 77% of the top 100
retailers in the United States and 100% of the top 50 quick-serve and
fast-casual restaurant companies.

Based in Orlando, Florida, and with offices located throughout the
United States and London, Technomedia Solutions LLC led by industry
veteran John Miceli, is a premier provider of advanced audio-visual and
interactive media development, technology design, and integration
services to a variety of industries including: retail, theme park,
museum, restaurant, corporate, military, theatrical, special venue,
corporate and educational markets. The Company is committed to
delivering world-class experiences to its clients and their guests
through the creative design and integration of technology and media.

Cautionary Statement Regarding Forward-Looking Statements

This press release contains forward-looking statements. The words
"believe", "expect", "anticipate", "estimate", "intend", "may", "will",
"would" and similar expressions and the negative of such expressions
are intended to identify forward-looking statements, although not all
forward-looking statements contain these identifying words. These
forward-looking statements are subject to important assumptions,
including the following specific assumptions: general industry and
economic conditions; and changes in regulatory requirements affecting
the businesses referred to. While Mood Media considers these factors
and assumptions to be reasonable based on information currently
available, they may prove to be incorrect. Historical performance may
not be indicative of future performance.

Known and unknown factors could cause actual results to differ
materially from those projected in the forward-looking statements. Such
factors include, but are not limited to: the impact of general market,
industry, credit and economic conditions, currency fluctuations as well
as the risk factors identified in the Company's financial and
regulatory disclosures.

Given these uncertainties, readers are cautioned not to place undue
reliance on such forward-looking statements. All of the forward-looking
statements made in this press release are qualified by these cautionary
statements and other cautionary statements or factors contained herein,
and there can be no assurance that the actual results or developments
will be realized or, even if substantially realized, that they will
have the expected consequences to, or effects on, Mood Media.

Forward-looking statements are given only as at the date hereof and Mood
Media disclaims any obligation to update or revise the forward-looking
statements, whether as a result of new information, future events or
otherwise, except as required by applicable laws.

"We started a Master of Science in business analytics - that's the hot topic. We serve the business community around San Francisco so we educate the working professionals and this is where they all want to be," explained Judy Lee, Associate Professor and Department Chair at Golden Gate...

There is a huge demand for responsive, real-time mobile and web experiences, but current architectural patterns do not easily accommodate applications that respond to events in real time. Common solutions using message queues or HTTP long-polling quickly lead to resiliency, scalability...

We call it DevOps but much of the time there’s a lot more discussion about the needs and concerns of developers than there is about other groups. There’s a focus on improved and less isolated developer workflows. There are many discussions around collaboration, continuous integration a...

The dynamic nature of the cloud means that change is a constant when it comes to modern cloud-based infrastructure. Delivering modern applications to end users, therefore, is a constantly shifting challenge. Delivery automation helps IT Ops teams ensure that apps are providing an optim...

Modern software design has fundamentally changed how we manage applications, causing many to turn to containers as the new virtual machine for resource management. As container adoption grows beyond stateless applications to stateful workloads, the need for persistent storage is founda...

"CA has been doing a lot of things in the area of DevOps. Now we have a complete set of tool sets in order to enable customers to go all the way from planning to development to testing down to release into the operations," explained Aruna Ravichandran, Vice President of Global Marketin...